• bitcoinBitcoin (BTC) $ 96,253.00
  • ethereumEthereum (ETH) $ 2,717.16
  • xrpXRP (XRP) $ 2.67
  • tetherTether (USDT) $ 0.999823
  • bnbBNB (BNB) $ 650.41
  • solanaSolana (SOL) $ 168.27
  • usd-coinUSDC (USDC) $ 0.999879
  • dogecoinDogecoin (DOGE) $ 0.252408
  • cardanoCardano (ADA) $ 0.760147
  • staked-etherLido Staked Ether (STETH) $ 2,716.82
  • tronTRON (TRX) $ 0.243184
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,955.00
  • chainlinkChainlink (LINK) $ 17.92
  • wrapped-stethWrapped stETH (WSTETH) $ 3,244.46
  • litecoinLitecoin (LTC) $ 136.41
  • stellarStellar (XLM) $ 0.334549
  • suiSui (SUI) $ 3.17
  • avalanche-2Avalanche (AVAX) $ 23.68
  • ugold-incUGOLD Inc. (UGOLD) $ 3,037.58
  • hedera-hashgraphHedera (HBAR) $ 0.216973
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • usdsUSDS (USDS) $ 0.999443
  • leo-tokenLEO Token (LEO) $ 9.66
  • the-open-networkToncoin (TON) $ 3.55
  • wethWETH (WETH) $ 2,717.32
  • hyperliquidHyperliquid (HYPE) $ 24.29
  • polkadotPolkadot (DOT) $ 4.87
  • mantra-daoMANTRA (OM) $ 7.60
  • bitcoin-cashBitcoin Cash (BCH) $ 321.64
  • ethena-usdeEthena USDe (USDE) $ 0.998276
  • bitget-tokenBitget Token (BGB) $ 4.85
  • uniswapUniswap (UNI) $ 9.52
  • wrapped-eethWrapped eETH (WEETH) $ 2,879.15
  • moneroMonero (XMR) $ 240.92
  • pepePepe (PEPE) $ 0.000009
  • whitebitWhiteBIT Coin (WBT) $ 27.12
  • aaveAave (AAVE) $ 253.18
  • ondo-financeOndo (ONDO) $ 1.20
  • aptosAptos (APT) $ 6.42
  • nearNEAR Protocol (NEAR) $ 3.15
  • daiDai (DAI) $ 0.999927
  • bittensorBittensor (TAO) $ 413.72
  • mantleMantle (MNT) $ 1.03
  • susdssUSDS (SUSDS) $ 1.04
  • official-trumpOfficial Trump (TRUMP) $ 16.87
  • internet-computerInternet Computer (ICP) $ 6.90
  • ethereum-classicEthereum Classic (ETC) $ 21.07
  • okbOKB (OKB) $ 49.53
  • gatechain-tokenGate (GT) $ 22.52
  • tokenize-xchangeTokenize Xchange (TKX) $ 35.06
  • kaspaKaspa (KAS) $ 0.105500
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.301456
  • vechainVeChain (VET) $ 0.031723
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,179.00
  • sonic-3Sonic (prev. FTM) (S) $ 0.728372
  • crypto-com-chainCronos (CRO) $ 0.084034
  • algorandAlgorand (ALGO) $ 0.259239
  • render-tokenRender (RENDER) $ 4.22
  • filecoinFilecoin (FIL) $ 3.30
  • arbitrumArbitrum (ARB) $ 0.468512
  • cosmosCosmos Hub (ATOM) $ 4.67
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997157
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,924.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.720041
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.724074
  • optimismOptimism (OP) $ 1.13
  • celestiaCelestia (TIA) $ 3.19
  • fasttokenFasttoken (FTN) $ 3.95
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,718.06
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,814.79
  • lido-daoLido DAO (LDO) $ 1.72
  • kucoin-sharesKuCoin (KCS) $ 12.08
  • injective-protocolInjective (INJ) $ 15.04
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,803.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.089742
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,064.47
  • nexoNEXO (NEXO) $ 1.33
  • blockstackStacks (STX) $ 0.880314
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.02
  • immutable-xImmutable (IMX) $ 0.736488
  • the-graphThe Graph (GRT) $ 0.133316
  • theta-tokenTheta Network (THETA) $ 1.27
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,872.27
  • ethenaEthena (ENA) $ 0.399721
  • raydiumRaydium (RAY) $ 4.25
  • bonkBonk (BONK) $ 0.000016
  • flare-networksFlare (FLR) $ 0.020212
  • movementMovement (MOVE) $ 0.492561
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • usual-usdUsual USD (USD0) $ 0.997727
  • sei-networkSei (SEI) $ 0.226258
  • dexeDeXe (DEXE) $ 18.40
  • telcoinTelcoin (TEL) $ 0.011425
  • jasmycoinJasmyCoin (JASMY) $ 0.021338
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,047.00
  • makerMaker (MKR) $ 1,154.67
  • flokiFLOKI (FLOKI) $ 0.000100
  • galaGALA (GALA) $ 0.022221
  • eosEOS (EOS) $ 0.625328
  • tezosTezos (XTZ) $ 0.869569
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.72
  • the-sandboxThe Sandbox (SAND) $ 0.362037
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,816.63
  • msolMarinade Staked SOL (MSOL) $ 213.69
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • wbnbWrapped BNB (WBNB) $ 651.63
  • flowFlow (FLOW) $ 0.515627
  • iotaIOTA (IOTA) $ 0.220445
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,120.00
  • jito-governance-tokenJito (JTO) $ 2.59
  • roninRonin (RON) $ 1.23
  • kaiaKaia (KAIA) $ 0.128750
  • bitcoin-svBitcoin SV (BSV) $ 37.74
  • neoNEO (NEO) $ 10.60
  • pyth-networkPyth Network (PYTH) $ 0.202919
  • tether-goldTether Gold (XAUT) $ 2,929.08
  • berachain-beraBerachain (BERA) $ 6.60
  • story-2Story (IP) $ 2.75
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.41
  • chain-2Onyxcoin (XCN) $ 0.020850
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,871.35
  • axie-infinityAxie Infinity (AXS) $ 4.26
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 182.88
  • paypal-usdPayPal USD (PYUSD) $ 0.999175
  • curve-dao-tokenCurve DAO (CRV) $ 0.515248
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.252577
  • heliumHelium (HNT) $ 3.58
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,717.30
  • meowMEOW (MEOW) $ 0.007014
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.971155
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999072
  • dogwifcoindogwifhat (WIF) $ 0.615153
  • elrond-erd-2MultiversX (EGLD) $ 21.89
  • pax-goldPAX Gold (PAXG) $ 2,941.47
  • arweaveArweave (AR) $ 9.07
  • decentralandDecentraland (MANA) $ 0.315877
  • resolv-usrResolv USR (USR) $ 1.00
  • spx6900SPX6900 (SPX) $ 0.626795
  • zcashZcash (ZEC) $ 36.10
  • starknetStarknet (STRK) $ 0.223929
  • fraxFrax (FRAX) $ 0.994724
  • insurance-2INSURANCE (INSURANCE) $ 30.53
  • aerodrome-financeAerodrome Finance (AERO) $ 0.736156
  • pumpbtcpumpBTC (PUMPBTC) $ 94,603.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,716.96
  • dydx-chaindYdX (DYDX) $ 0.771967
  • conflux-tokenConflux (CFX) $ 0.113974
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,714.52
  • matic-networkPolygon (MATIC) $ 0.301603
  • pendlePendle (PENDLE) $ 3.29
  • apecoinApeCoin (APE) $ 0.673413
  • beldexBeldex (BDX) $ 0.075338
  • ecasheCash (XEC) $ 0.000026
  • aioz-networkAIOZ Network (AIOZ) $ 0.441125
  • chilizChiliz (CHZ) $ 0.053700
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.008017
  • beam-2Beam (BEAM) $ 0.009575
  • coredaoorgCore (CORE) $ 0.505438
  • morphoMorpho (MORPHO) $ 2.22
  • kavaKava (KAVA) $ 0.457622
  • true-usdTrueUSD (TUSD) $ 0.996941
  • ketKet (KET) $ 0.488761
  • compound-governance-tokenCompound (COMP) $ 54.74
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,210.00
  • clbtcclBTC (CLBTC) $ 96,645.00
  • gnosisGnosis (GNO) $ 181.83
  • metars-genesisMetars Genesis (MRS) $ 5.57
  • wormholeWormhole (W) $ 0.163805
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008215
  • axelarAxelar (AXL) $ 0.495186
  • newton-projectAB (prev. Newton) (AB) $ 0.010005
  • amp-tokenAmp (AMP) $ 0.005336
  • verus-coinVerus (VRSC) $ 5.71
  • apenftAPENFT (NFT) $ 0.00000045
  • tbtctBTC (TBTC) $ 96,035.00
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999513
  • quantixaiQuantixAI (QAI) $ 84.37
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,690.63
  • akash-networkAkash Network (AKT) $ 1.73
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.03
  • chex-tokenCHEX Token (CHEX) $ 0.420477
  • grassGrass (GRASS) $ 1.71
  • eigenlayerEigenlayer (EIGEN) $ 1.70
  • mina-protocolMina Protocol (MINA) $ 0.340950
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • thorchainTHORChain (RUNE) $ 1.16
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,966.17
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.993456
  • ousgOUSG (OUSG) $ 110.02
  • zksyncZKsync (ZK) $ 0.106763
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,715.74
  • based-brettBrett (BRETT) $ 0.038954
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  • ai-companionsAI Companions (AIC) $ 0.381630
  • honey-3Honey (HONEY) $ 0.997256
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • deepDeepBook (DEEP) $ 0.148962
  • super-oethSuper OETH (SUPEROETHB) $ 2,718.75

Bitcoin Price Faces Challenges: Will It Break Through and Rise?

Bitcoin Price Faces Challenges: Will It Break Through and Rise?

Bitcoin price is attempting a recovery wave above the $93,200 zone. BTC is rising and might face resistance near the $97,500 zone.

  • Bitcoin started a recovery wave above the $95,000 zone.
  • The price is trading above $95,500 and the 100 hourly Simple moving average.
  • There is a connecting bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase if it stays above the $95,450 support zone.

Bitcoin Price Regains Traction Above Below $95K

Bitcoin price started a short-term recovery wave above the $92,000 zone. BTC was able to climb above the $93,500 and $94,200 levels.

The bulls were able to push the price above the key barrier at $95,800. The price even cleared $97,000. A high was formed at $97,431 and the price is now consolidating gains and is well above the 23.6% Fib retracement level of the upward move from the $89,115 swing low to the $97,431 high.

There is also a connecting bullish trend line forming with support at $96,000 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $95,000 and the 100 hourly Simple moving average.

On the upside, immediate resistance is near the $97,450 level. The first key resistance is near the $98,000 level. A clear move above the $98,000 resistance might send the price higher. The next key resistance could be $98,800.

Bitcoin Price Faces Challenges: Will It Break Through and Rise?

A close above the $98,800 resistance might send the price further higher. In the stated case, the price could rise and test the $100,000 resistance level. Any more gains might send the price toward the $102,500 level.

Another Drop In BTC?

If Bitcoin fails to rise above the $98,800 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $96,000 level and the trend line. The first major support is near the $94,500 level.

The next support is now near the $93,200 zone or the 50% Fib retracement level of the upward move from the $89,115 swing low to the $97,431 high. Any more losses might send the price toward the $92,000 support in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $96,000, followed by $94,500.

Major Resistance Levels – $97,450 and $98,800.

Source

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